Higher Beta Staple Name Forms Relative Strength Bull Flag
Celsius (CELH) shares held up remarkably strong last week and actually still closed above its 8 day EMA as one of the few but also a name that has been beaten down for months and viewed as safer consumer staple name now. CELH has a path to 40 if it wants to breakout from here above 36 and risk/reward sets up well for a move out of this bull flag that is showing great relative strength.
